Contempt Plea In The Supreme Court, Challenging The State Bank of India’s (SBI)
An NGO moved a contempt plea in the Supreme Court on Thursday, challenging the State Bank of India’s (SBI) application seeking an extension of time till June 30 to disclose the details of each electoral bond encashed by political parties. The Supreme Court directed the issuing bank, State Bank of India, to provide by March 6 details of all electoral bond contributions received by political parties from the scheme's interim order in 2019 up to the present date. In a landmark judgement on February 15, the top court invalidated the electoral bonds scheme, terming it "unconstitutional". "SBI has wilfully and deliberately disobeyed the judgment passed by the Constitution Bench of this Hon’ble Court, and the same not only negates the right to information of the citizens, but also wilfully undermines the authority of this Hon’ble Court," ADR said in its petition.